Can I retire at age 50 with 539,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $539,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$44,510$44,114$43,727$43,349$42,981$42,165
2 years$22,035$21,624$21,227$20,841$20,467$19,648
3 years$14,544$14,132$13,735$13,353$12,985$12,189
4 years$10,799$10,388$9,996$9,620$9,261$8,493
5 years$8,553$8,145$7,757$7,389$7,040$6,303
6 years$7,056$6,651$6,269$5,909$5,571$4,866
7 years$5,987$5,585$5,209$4,858$4,530$3,857
8 years$5,186$4,788$4,418$4,075$3,758$3,117
9 years$4,563$4,168$3,805$3,471$3,165$2,555
10 years$4,065$3,674$3,317$2,992$2,697$2,118
11 years$3,658$3,271$2,921$2,604$2,319$1,770
12 years$3,319$2,936$2,592$2,284$2,010$1,490
13 years$3,032$2,653$2,316$2,017$1,753$1,261
14 years$2,786$2,412$2,081$1,790$1,536$1,073
15 years$2,574$2,203$1,879$1,597$1,353$916
16 years$2,388$2,021$1,703$1,430$1,196$784
17 years$2,224$1,862$1,550$1,284$1,060$673
18 years$2,079$1,720$1,415$1,158$943$579
19 years$1,949$1,594$1,295$1,046$840$500
20 years$1,832$1,481$1,189$947$750$432
21 years$1,726$1,380$1,093$860$672$373
22 years$1,630$1,288$1,008$782$602$323
23 years$1,543$1,205$930$712$540$280
24 years$1,463$1,129$861$649$486$243
25 years$1,390$1,059$797$593$437$211
26 years$1,322$996$739$542$394$183
27 years$1,259$937$686$496$355$159
28 years$1,201$883$638$455$320$139
29 years$1,147$833$594$417$289$121
30 years$1,097$787$553$383$261$105
31 years$1,050$744$516$351$236$91
32 years$1,006$704$481$323$214$80
33 years$965$666$449$297$193$69
34 years$927$631$420$273$175$60
35 years$890$599$392$252$159$53
36 years$856$568$367$232$144$46
37 years$824$540$344$213$130$40
38 years$793$513$322$197$118$35
39 years$764$488$301$181$107$30
40 years$737$464$283$167$97$27
41 years$711$442$265$154$88$23
42 years$686$421$249$142$80$20
43 years$663$401$233$132$73$18
44 years$640$382$219$121$66$15
45 years$619$364$206$112$60$13
46 years$599$348$193$104$54$12
47 years$579$332$181$96$49$10
48 years$561$317$170$88$45$9
49 years$543$302$160$82$41$8
50 years$526$289$151$76$37$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $539,000, adding $2,041 every year, while hoping to spend $29,583 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 36/46/18 Blend
49$539,000$539,000$539,000$539,000
50$596,083$567,516$559,162$614,211
51$625,408$563,849$546,418$623,896
52$656,732$559,010$532,255$631,418
53$690,228$552,911$516,595$638,918
54$726,086$545,458$499,356$646,409
55$764,513$536,552$480,451$653,910
56$805,738$526,087$459,790$661,445
57$850,009$513,952$437,279$669,041
58$897,602$500,027$412,820$676,730
59$948,818$484,189$386,310$684,555
60$1,003,987$466,304$357,641$692,560
61$1,063,472$446,231$326,700$700,804
62$1,127,673$423,823$293,372$709,349
63$1,197,028$398,923$257,532$718,271
64$1,272,018$371,363$219,052$727,659
65$1,353,174$340,970$177,800$737,611
66$1,441,076$307,556$133,636$748,245
67$1,536,366$270,927$86,413$759,691
68$1,639,748$230,874$35,979$772,102
69$1,751,994$187,179$0$785,648
70$1,873,956$139,610$0$803,952
71$2,006,571$87,922$0$831,406
72$2,150,870$31,859$0$861,377
73$2,307,985$0$0$894,182
74$2,479,164$0$0$944,782
75$2,665,780$0$0$1,017,596
76$2,869,344$0$0$1,097,095
77$3,091,519$0$0$1,183,937
78$3,334,134$0$0$1,278,848
79$3,599,206$0$0$1,382,625
80$3,888,952$0$0$1,496,148
81$4,205,815$0$0$1,620,383
82$4,552,484$0$0$1,756,397
83$4,931,920$0$0$1,905,363
84$5,347,384$0$0$2,068,572
85$5,802,466$0$0$2,247,447
86$6,301,120$0$0$2,443,556
87$6,847,701$0$0$2,658,625
88$7,447,006$0$0$2,894,554
89$8,104,315$0$0$3,153,438
90$8,825,449$0$0$3,437,582
91$9,616,814$0$0$3,749,527
92$10,485,470$0$0$4,092,073
93$11,439,194$0$0$4,468,300
94$12,486,549$0$0$4,881,607
95$13,636,973$0$0$5,335,733
96$14,900,859$0$0$5,834,800
97$16,289,657$0$0$6,383,350
98$17,815,984$0$0$6,986,383
99$19,493,737$0$0$7,649,412
100$21,338,228$0$0$8,378,507